Retailers see earnings growth ahead but investors are lukewarm
American Eagle Outfitters(AEO) MarketBeat·2024-01-27 20:01
Key PointsThe retail industry lags the broader market, although Walmart and Costco are among the biggest consumer staples gainers in January.Consumer spending has been strong, with retailers Lululemon, Abercrombie & Fitch, Urban Outfitters and American Eagle Outfitters among those forecasting robust EPS gains.Analysts see retail sales growing in 2024 but also expect consumers to cut back on spending somewhat. 5 stocks we like better than Abercrombie & FitchRetailers and retail-related stocks are among the t ...